Santa Monica North of Montana Home Values Surge After the Fires
By Johannes Steinbeck Homes
Introduction
The recent wildfires across Southern California have reshaped housing dynamics throughout Los Angeles County. One neighborhood standing out for resilience—and rising property values—is North of Montana in Santa Monica. As families look for safer, more stable communities, this coveted enclave is attracting intense buyer interest and record-setting sales.
Post-Fire Market Snapshot
-
Zillow reports an average home value of roughly $4.44 million, a 3% increase year-over-year.
-
Homes.com shows a median sale price near $4.95 million, up 20% in twelve months.
-
Redfin highlights an eye-catching median sale price of $5.3 million, almost double last year’s level.
-
Realtor.com lists the median asking price around $3.6 million, reflecting a 51% year-over-year jump.
Despite some variation among sources, the trend is clear: home values north of Montana are climbing fast.
Why Buyers Are Flocking to North of Montana
-
Safety & Stability
While Santa Monica wasn’t directly burned, its coastal location and well-maintained infrastructure provide peace of mind to those relocating from fire-affected zones like Malibu, Brentwood, and the Palisades. -
Luxury Lifestyle
Tree-lined streets, large lots, and proximity to Montana Avenue’s boutiques and cafés make this neighborhood one of the most desirable in Los Angeles. -
Limited Inventory
The number of available single-family homes remains tight, creating competitive bidding and pushing prices higher.
What This Means for Sellers
If you own property north of Montana, now is an exceptional time to sell. With demand surging and inventory scarce, well-presented homes are receiving multiple offers—often above list price.
-
Typical sale range: $4.5 – $7 million+, depending on lot size and amenities.
-
Premium parcels: Homes with modern updates or large yards can command $8 million and higher.
Opportunities for Buyers
Buyers should be prepared to act quickly and work with a seasoned agent. Key tips:
-
Get pre-approved before touring homes.
-
Consider off-market opportunities, which are common in this luxury segment.
-
Look for value in properties that need cosmetic updates—you can build equity fast in a rising market.
Work With Johannes Steinbeck Homes
Whether you’re selling a trophy property or searching for a dream home, Johannes Steinbeck Homes brings unmatched local knowledge, sharp negotiation skills, and a global marketing reach.
Contact us today to discuss your real estate goals in Santa Monica’s North of Montana neighborhood.
